Electricity prices Friday, 26 Jul 2024

Electricity Prices in Sweden: A Deep Dive into Today's and Tomorrow's Costs

Today's electricity prices in Sweden show a varied cost picture depending on the time of day. With prices ranging from a low of 21.78 öre per kWh to a high of 49.29 öre per kWh, it is important to plan your electricity consumption to save money. Here is a detailed overview of today's and tomorrow's electricity prices, along with some practical tips to optimize your energy usage.

Today's Electricity Prices on July 26, 2024

During the night and early morning hours, electricity prices are relatively low. For example, between 00:00-05:59, prices range from 22.06 to 24.11 öre per kWh. Between 06:00-16:59, prices vary slightly but still remain below 25 öre per kWh. The most expensive time of the day is between 17:00-19:59 when prices spike to between 42.27 and 49.29 öre per kWh. After 20:00, prices drop again and hover around 24 öre per kWh for the rest of the evening.

Practical Tips for Electricity Usage Today

To save money on your electricity bill, you can plan to perform energy-intensive activities during the cheaper hours of the day:

• Showering: Costs 80 öre during the cheapest hour (12:00-12:59).
• Taking a bath: Costs 121 öre during the cheapest hour (12:00-12:59).
• Dishwashing with a dishwasher: Costs 30 öre during the cheapest hour (12:00-12:59).
• Charging an electric car: Costs 12.12 kr during the cheapest hour (12:00-12:59).
• Playing games on a computer: Costs 10 öre during the cheapest hour (12:00-12:59).

Avoid the Most Expensive Hours

To avoid high costs, refrain from performing energy-intensive activities during the most expensive hours (17:00-19:59). During these hours, the cost to:

• Shower: Increase to 1.69 kr.
• Take a bath: Increase to 3.49 kr.
• Dishwashing with a dishwasher: Increase to 87 öre.
• Charging an electric car: Increase to 34.90 kr.
• Playing games on a computer: Increase to 29 öre.

Tomorrow's Electricity Prices on July 27, 2024

Tomorrow's electricity prices show a similar trend with some variation. During the night and early morning hours (00:00-08:59), prices range from 22.28 to 25.68 öre per kWh. From 09:00-12:59, prices increase slightly to between 25.29 and 26.38 öre per kWh. An interesting note is that between 13:00-14:59, prices drop to 20.38-20.53 öre per kWh, making it the cheapest time of the day. Just like today, the most expensive time of the day is between 19:00-19:59 when the price reaches 53.25 öre per kWh.

Plan Your Electricity Usage for Tomorrow

To optimize your electricity consumption and save money, plan to perform energy-intensive activities during the cheaper hours of the day:

• Showering: Costs 81 öre during the cheapest hour (13:00-13:59).
• Taking a bath: Costs 122 öre during the cheapest hour (13:00-13:59).
• Dishwashing with a dishwasher: Costs 31 öre during the cheapest hour (13:00-13:59).
• Charging an electric car: Costs 12.23 kr during the cheapest hour (13:00-13:59).
• Playing games on a computer: Costs 10 öre during the cheapest hour (13:00-13:59).

Avoid the Most Expensive Hours Tomorrow

To avoid high costs, refrain from performing energy-intensive activities during the most expensive hours (19:00-19:59). During these hours, the cost to:

• Shower: Increase to 2.13 kr.
• Take a bath: Increase to 3.20 kr.
• Dishwashing with a dishwasher: Increase to 1.14 kr.
• Charging an electric car: Increase to 31.95 kr.
• Playing games on a computer: Increase to 27 öre.

Interesting Facts About Electricity Prices and Consumption

Did you know that if we had the lowest electricity price all year round, it would cost 3,637 kr to heat a medium-sized house of 160 sqm? This is based on an annual consumption of 18,000 kWh. However, if we had the highest electricity price all year round, the same house would cost 10,470 kr to heat.

It is also interesting to note that during the cheapest hour of the day today, it only costs 10 öre to play games on a computer consuming 500 Wh. This shows how small changes in electricity prices can have a significant impact on household electricity bills.

Conclusion

By being aware of electricity prices and planning your electricity consumption, households can save significant amounts of money. Whether it's showering, bathing, dishwashing, or charging the car, small adjustments can make a big difference. Keep an eye on electricity prices and adjust your consumption accordingly to optimize your costs.